Emperor International Holdings (HKSE:00163) Interest Coverage : 0.69 (As of Sep. 2023)

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What is Emperor International Holdings Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Emperor International Holdings's Operating Income for the six months ended in Sep. 2023 was HK$322 Mil. Emperor International Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-467 Mil. Emperor International Holdings's interest coverage for the quarter that ended in Sep. 2023 was 0.69. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Emperor International Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Emperor International Holdings's Interest Coverage or its related term are showing as below:

HKSE:00163' s Interest Coverage Range Over the Past 10 Years
Min: 0.29 Med: 2.31 Max: 7.14
Current: 0.44

HKSE:00163's Interest Coverage is ranked worse than
93.85% of 1334 companies
in the Real Estate industry
Industry Median: 4.05 vs HKSE:00163: 0.44

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Emperor International Holdings Interest Coverage Historical Data

The historical data trend for Emperor International Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Emperor International Holdings Interest Coverage Chart

Emperor International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Coverage

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2.22

1.37

0.33

0.65

0.29

Emperor International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial															0.67	0.61	0.54	0.17	0.69

Competitive Comparison of Emperor International Holdings's Interest Coverage

For the Real Estate Services subindustry, Emperor International Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Emperor International Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emperor International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Emperor International Holdings's Interest Coverage falls into.

Emperor International Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Emperor International Holdings's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Emperor International Holdings's Interest Expense was HK$-659 Mil. Its Operating Income was HK$193 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$12,362 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2023 )	/	Interest Expense (A: Mar. 2023 )
	=	-1	*	193.3	/	-658.962
	=	0.29

Emperor International Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Emperor International Holdings's Interest Expense was HK$-467 Mil. Its Operating Income was HK$322 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$11,378 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	321.612	/	-466.625
	=	0.69

The higher the ratio, the stronger the company's Financial Strength is.

Emperor International Holdings (HKSE:00163) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Emperor International Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Emperor International Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Emperor International Holdings (HKSE:00163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emperor International Holdings Ltd (HKSE:00163) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

EM3A:Germany

Address

288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emperorint.com

Emperor International Holdings Ltd operates in property sales, property rentals, and hotel businesses with properties in Hong Kong, Macau, and other international locations. The group's segments are lease of properties, properties development, and hotel and hotel related operations. The lease of properties segment consists of completed investment properties held for rental purpose. The properties development segment consists of property development and redevelopment for sale. The hotel and hotel related operations segment consists of operations in Hong Kong and Macau. Large and approximately equal portions of the company's revenue are derived from The lease of properties and Properties development segment. A majority of the company's revenue is derived from customers in Hong Kong.

Executives

Albert Yeung Holdings Limited	2201 Interest of corporation controlled by you
First Trust Services Ag	2301 Trustee
Yeung Ching Loong Alexander	2501 Other
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
First Trust Services Gmbh	2301 Trustee

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